Dream Finders seeks noteholder consents to ease Beazer acquisition close - DFH News | RalliesDream Finders seeks noteholder consents to ease Beazer acquisition close
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DFH• Dream Finders seeks noteholder consents tied to Beazer acquisition
- Dream Finders is seeking bondholder consents tied to its planned acquisition of Beazer Homes, expected to close in Q4 2026.
- The request would amend Beazer’s 7.5% Senior Notes due 2031 and 8% Senior Notes due 2032 to exclude the deal from “Change of Control.”
- Consent fees are set at USD 22.5 per USD 1,000 for the 2031 notes and USD 10 per USD 1,000 for the 2032 notes.
- If approved, Dream Finders plans to exchange the Beazer notes into new Dream Finders senior notes with matching economics within 120 days of closing.
- Without consents, Beazer would need to launch a 101% repurchase offer for the affected series in connection with the merger.
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